₦airaland Forum

HardMirror:
You talk as if you understand anything.

https://www.vanguardngr.com/2024/01/how-fg-others-gain-n1-05trn-from-naira-depreciation-2/

In january. The FG gained over N1Trillion from devalued naira and shared it in allocation. You think they pay allocation in dollars? You think states will want less naira allocations?

fact is, the naira devaluation is good for the FG.

helinues:
Chai

The annoying part about some of you guys is arguing blindly about something you only have half information about.

Please those other African countries with no refineries, would they be paying in Dollars or Naira when approaching Dangote to help them refine their crude?

The money the Nigeria government have been spending on importing and exporting of our crude oil for refinery that have been consuming our dollar reserves, with Dangote refinery, we save dollars.

Ordinary, Nigeria would serve as oil depot to other Neighboring countries, making Naira to gain more strength .

You talk as if you understand anything.

https://www.vanguardngr.com/2024/01/how-fg-others-gain-n1-05trn-from-naira-depreciation-2/

In january. The FG gained over N1Trillion from devalued naira and shared it in allocation. You think they pay allocation in dollars? You think states will want less naira allocations?

Those of you asking for dollar to crash, where do you whant FG to see the naira to cover expenditure?

The shock will collapse the government if exchange rate should improve. They are not earning enough dollars to accomodate a lower exchange rate. THAT IS FACT

Let me break it down.

Imagine the FG earns $1billion dollars and exchange rate is 1500 naira to 1 dollar.
That will give the FG 1.5 Trilion naira to spend.

Now imagine that the exchange rate goes down to 200 naira to a dollar.
That same $1billion now worths only 200billion naira. Meaning the government lost N1.3 Trillion which it could have spent to pay salaries and other expenditures it has in naira.

Forget about dollar going down. It wont. Helinues. Read this if you do not understand what i am saying then that us your problem.

Yesterday i saw a thread on front page saying "SELL YOUR DOLLARS NOW!"

THIS IS LAUGHABLE BECAUSE THAT THREAD IS WRITTEN BY SOMEONE THAT DOES NOT UNDERSTAND NIGERIA'S ECONOMY.


Nigeria makes money from FX rate. This is because we earn in dollars but spend in Naira.

With the current exchange rate, FG has more Naira to spend and they can pay more salaries and cover other expenditures which are all in naira.

If the exchange rate should go down, it means the FG will have less naira to spend


Read what senator Ali Ndume said here.

https://www.vanguardngr.com/2024/02/fg-benefiting-from-dollar-to-naira-spike-ndume/

JADEK04:
you mean government should overlook all errors and corruption?

are you a kid? How is this employee responsible? His arrest makes no sense. He came to Nigeria to represent Binance in a meeting Nigeria government called for. This is equal to kidnapping. When he eventually sues the FG in future and the start seizing Nigeria's assets just like that Chinese company. you will understand better by then.

dominique:
This guy still dey Nigeria? I thought they said America does not joke with their citizens abroad. I expect their troops to have invaded Nigeria by now with bombs and nukes to rescue one of theirs

Justice will be served in due time.
All adults who deal with real life and not sleep on nairaland know how the process works.

This man is only an employee of binance and Nigeria is holding him illegally.

Do you remember how that Chinese company seized 3 presidential jets in August? It took many years but they are now dealing with Nigeria as they should.

In due time this man will get justice.

Makes no sense that he is held in custody. Binance has removed the naira from their platform for over 6 months yet where are we today?

And I am sure you are too ignorant to know that some US Congress men have come to visit him. In due time he will get justice.

WantsandMore:
What's the difference between miracle, black magic and withcraft? Lol. I recall one time A guy on nl "HardMirror" I think was his moniker went hard on this topic with similar reasoning patterns as the op. Never knew how it ended....

Miracle is the experience of what we ASSUME to be impossible. Take note, the impossible can never happen, it is just that we humans love exergerration. As long has it happens, then it is not impossible even if the probability is low.

Black magic is not so different from street magic, it is just a con artist fooling people into believing in the supernatural.

Witchcraft is self delusion in believing you actually have some powers which you don't.

MimiSheWrote:
I challenge them Please... My picture is already there, my name is Miracle, what else they need?

But ask yourself why hasn't any African witch doctor step forward to help NATO assassinate people like Putin, North Korea and Iran leader through a magical mirror? I'm sure the CIA will generously reward such person with billions of dollars for helping them accomplish an impossible.

no point engaging the fools. You have made your point, leave them to keep fooling themselves. People like these are easy to scam and would be scammed when the time comes. Stop pressing them on the matter. Idiots are not worth it

Saturnalia:
I just looked at your profile picture and conclude that you’re just in your early 20’s.

Your brain is still developing and the hormones in your body are still rampaging in dissonance and so your worldview is parochial.

In 10years time, when your brain is fully developed, and when you’ve shed your skin of adolescence; You will come to understand the principle of polarity; that black magic & witchcraft exist, and they are different sides of the same coin and CAN NEVER BE USED FOR ANY POSITIVE ADVANCEMENT.

yet at just 20 she has shown more intelligence than an old fool like you. You could not even dismantle a single point she made.
Stupid people like you claim that science is witchcraft.

Oloniyan:
Let them test one small aluwo on you to ascertain your opinion

another idiot

ChangedMan1999:
It exist

I won't give you details

I am a man; I won't be running my mouth on something delicate like that


Believe me; it exists

you are a fool for thinking you are smarter just because you are a man. Look at how she presented her arguments so beautifully and look at the rubbish sexist comment you dumbo made.
It exists that is why your continent is a shit hole. No single benefit to the useless juju. You think if juju worked all, we won't see all these potentials she mentioned being realized?

PressMyButton:
Enough videos are out there already, stop taking more. Go away and let fire fighters do their job. It's just common sense.

you are telling me journalists entered the fire or what? Is this the first time they are covering a fire incidence?

PressMyButton:
They have the right to chase them away, fire fighters were already on ground doing their job. The journalists only wanted to take pictures/videos and sell their papers.

they can contain the area. Which one is deleting of videos?

ebenezary:
why chasing them away for God sake

they were even threatened.
Not surprised.
There was a time BBC came to cover the church and they almost smashed their camera. That was about 15 years ago sef. That is how they are. Believe these people are followers of Christ at your own peril

Watch from 1:10 and 2:21. This is just ridiculous. These churches are hardened deceivers

Christ Embassy is using the police to seize cameras and delete video showing the church burning.


https://www.youtube.com/watch?v=ll_aAoQR_F4?si=A27uLeEOAfIz6smh

onadana:
And yet some people say they enjoy staying on Nigeria because they're first class citizens

can everyone japa? So you want 200millio people to japa?

Stone03:
My brother, I am Igbo. I quite understand the strategy of Tinubu supporters to bring tribal sentiments in the current politics of Nigeria. I myself get provoked sometimes and begin to attack Yorubas, but honestly, there are more reasonable Yorubas both in Muslim and Christian religion, I have vowed not to be caught in the web of tribal sentiments.

Yorubas are great people!

thanks chairman. In my honest opinion, politicians are the ones causing this tribal hate.

WizardOfNG:
@OP.

Sounds like me you are pleading with the IPOB lot without understanding this only makes them think you are weak.

You will see they will attack your username more as they never do Yorubas who backhand them instantly and don't give a fck about their hatred which stems from inferiority complex and envy of Yoruba anyway.

@Topic.

Let Obidients hate Yorubas all they want. Na today? One of my personal rule of life and success is never give a toss when those inferior to you hate you.

They are impotent and can't do shit like Eze of Ajao, languishing in jail when he threatened Sanwo-Olu, or the average Igbo who needs Yorubas far more than Yorubas will ever need them. Dont try to plead or reason with them. Haters inferior to you only deserve to be taunted and mocked.

Only worry if those who hate you are your equal or better than you which Igbos can never be against Yorubas.

not pleading with them. Showing their foolishness. Why i said they are stupid.

sirchim:
My Bro, am never part of the Igbo's insulting Yoruba people, whether Christian or Muslim, I stand against it.

thank you sir. I hope we can all be like you

Tochj:
There's a difference between A Real Yoruba person"omoluabi" and Agbado miscreant.
Real Yoruba person wants the country to work
He doesn't care about Tribe Party and Religion
But Agbado miscreant is a Tinubu asslicker
Tinubu told him to vote Buhari twice
He Agreed
Told him to protest against GEJ but don't cough against Buhari and use mock coffin on GEJ
He agreed
Agbado miscreant is still supporting the failed Leadership till now.

is it agbado miscreants now? What about the entire yoruba muslims? Are the not the most evil people in the world again?

Zxcvbnmghtr:
But Osun people did not vote Obi so it makes sense if they talk trash about Osun people who will never ever vote Peter Obi. Simple logic.

I told a Yoruba friend in Osun that obi was going to win Lagos hands down. You know why? Cos I live in ikeja and all the Yorubas that are youths even the Muslims on my street were obi supporters. If that can happen in Lagos, why would you think Yorubas from other parts can't support obi, if not now, maybe later. By the way it is their choice if they don't vote obi. After all ibos did not vote Tinubu either. So just stop the Yoruba Muslim nonsense

Zxcvbnmghtr:
But Osun people did not vote Obi so it makes sense if they talk trash about Osun people who will never ever vote Peter Obi. Simple logic.

since you have concluded they will never support obi, what is your plan going forward? To make them enemies? To gain what exactly?

EmeeNaka:
Bridges are built on truth, not on lies. Obidients do not hate Muslims. But MURIC made it clear that Yoruba Muslims will only vote Muslim during the last presidential election and no Muslim in Yorubaland or members of MURIC countered that assertion. So, we are not at fault to suspect them as their architect of this current disaster. The MURIC members/ Yoruba Muslims has to apologise to Nigerians instead of blackmailing Obidients further.

hahaha. They don't hate Muslims but just like insulting Yoruba muslims

EasternActivist:
I don't get you still... Why gaslighting people that voted Peter Obi


Didn't you vote for your own candidate?

obidients should stop the Yoruba Muslim nonsense. Being Yoruba or Muslim does not equal to supporting tinubu. No one is gaslighting idiots that think dividing Yorubas is a good strategy to win the Yoruba Christians. Very deceitful strategy and reason why obi was trying to use oyedepo to call the election a religious war.

flokii:
Eedris Abdulkareem is just one naive Yoruba guy who thinks Igbos are people he can whyne.. he was claiming falsely in his song that suffering no concern Igbos when infact South East is the worst hit with suffering in the entire country.

I'll advise Eedris to travel on tour round South East, then come back to correct his statements in the wack song he released. You sit for Lagos, allow Igbo wey cross river Niger come give you lamba for Lagos say suffering no reach their side. jonzing nigga.

that may be true, but it does not change my point that obidients are dumb for thinking Yoruba Muslims are their enemies

sirchim:
Whether Yoruba Muslim or not, all I know as well as THIEFNIBU Baban Baban BARAWOO, is that he rigged himself up there. Even his own state avoided the colossal failure.

so why are igbos insulting Osun people that did not even vote for tinubu? Instead of drawing yourselves closer to Osun people, you have chosen to ridicule them.

helinues:
Lol

The knocking of his song actually pained him to the marrow.

If the song is doing fine, Eedris won't be ranting

just shut up. You are as foolish as the obidients on this forum. People like you and obidients are the problem of this country. You don't think at all, you support blindly.

Same way obidients will never criticize obi is the same way you will never criticize tinubu. The two of you are not after truth but supporting your own bias

EmeeNaka:
Eedriss Abdulkarem is not a member of MURIC terrorists group. Yes, he is a Yoruba Muslim but the hunger in the country is beginning to reset the brain of some people. Hopefully, before 2027, so many Yoruba Muslims will have learnt that price of bread is the same for Muslims and Christians.

you guys are fools. How do you think Yoruba Muslims that support obi will feel when they read the stupid comments you guys make against them? In politics you try to build bridges not create enemies that never existed before. You think eedris supported tinubu before now? Does the guy look hungry to you. You think he is starving that is why he sang that song?

EasternActivist:
Stop gaslighting

The feeling is mutual..

Preach peace and move on...

cos you have been caught pants down. Is he not Yoruba Muslim? Never has Yorubas been divided on religion . You guys tried dividing yorbas making it look like the Muslims were the evil ones just because Tinubu is a muslim